Reachbyte Limited - Abbreviated accounts 16.3
Reachbyte Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
FOR |
REACHBYTE LIMITED |
REACHBYTE LIMITED (REGISTERED NUMBER: 03379078) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
REACHBYTE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
BANKERS: |
REACHBYTE LIMITED (REGISTERED NUMBER: 03379078) |
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2016 |
2016 | 2015 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
2 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director on |
REACHBYTE LIMITED (REGISTERED NUMBER: 03379078) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
The company had a net liability of £3,002,277. The director and creditors amounting to £3,311,235 shown under |
note 5 and 6 have given assurance that they will continue to support Reachbyte Limited and provide the funding |
and working capital to ensure it is able to continue its operations and pay its debts as and when they become due |
and payable. Therefore, the director consider that it is appropriate to prepare the accounts for the year ended 30 |
November 2016 on the going concern basis. |
Turnover represents sales of listed shares during the year. |
Stocks of listed shares are stated at the lower of cost and market value at the year end date. |
2. | CREDITORS |
Creditors include the following debts falling due in more than five years: |
2016 | 2015 |
£ | £ |
Repayable otherwise than by instalments | 686,542 | 686,542 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | 1 |